TOPIC’s COVERED –
Vitality Conservation(Modification) Bill – 2022
Carbon Market & Emission Trading Diagram in INDIA
1 CARBON Credit = 1 Ton of Carbon dioxide (CO2)
Kinds of Carbon Market
TWO TYPES OF EXISTING TRADABLE CERTIFICATES IN INDIA
Nodal Agency & Governing Ministry
Case Witness of European union – Emission Trading Diagram
It’s Reveal’s
LIKE WHAT IT IS In actuality ??
Carbon – Bazar is correct Shopping & Promoting of CARBON CREDIT’s between Companies or Instituions & quickly will possible be on the market in BSE & NSE
TYPES OF Carbon Market –
VOLUNTARY MARKET & COMPLIANCE MARKET
OWNER : BUSINESSMAN GOVERNMENT
AIM : PROFIT SUSTAINABILITY & CLIMATE CHANGE
TWO TYPES OF EXISTING TRADABLE CERTIFICATES IN INDIA
1. REC’s – Renewable Vitality certificates
2. ESCs – Vitality Saving Certificates
European – Union Since : 2005
EU – Emission Trading machine (ETS)
HIGHLIGHTS : –
1. Minimun Eligibily Condition
2. Auctioned Under Govt. Physique
3. Law on Credit Trading | QUOTA | Limit’s
RESULT’s : –
1. Diminished Emission By 35% (2005-2019)
2. Within the reduction of Emission by 9% in (2008-09)
CHALLENGES : –
1. GREEN – WASHING
2. Isn’t : ‘ Correct To Pollute ’ Certificate
Voluntary Market
3. Priority ? – OR
Compliance Market(Govt.)
INDIA’s TARGETS : –
INDIA’S Self Target’s(NDG- Nationally Certain Contrivance’s) –
1. Cutting the Emission Intensity(emission pe runit GDP) by 45%(of – 2005 Level) by 2030 .
2. Installing Facility To Generate almost 500 GW from Renewable Sources by 2030